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What Would Food Cost Today If Prices Increased As Fast As Medicare
Nonetheless, several Senators at Tuesday's hearing urged CMS to consider withdrawing the proposed payment changes. Committee Chairman Orrin Hatch (UT) expressed concerns about the rule's potential unintended consequences. He said: "I believe this experiment is ill-conceived and likely to harm beneficiaries. It is an overreach on the part of CMS that, in my opinion, goes beyond the agency's statutory authority, extends nationwide, and requires all Medicare Part B providers to participate." .Chairman Johnson said: "I know that fixing Social Security will require tough choices that will affect the lives of millions of Americans. Congress has a responsibility to the American people to make these choices. And the longer we wait, the harder it gets. If we wait until the Trust Funds are exhausted, some options won't even be available anymore. We must take this responsibility seriously. Americans want, need, and deserve nothing less." .Voters have opposed benefit cuts in the past as a way to fix Social Security. But TSCL's new 2016 Senior Survey found that older voters favor some changes that provide the program with more revenue, and modestly higher benefits in the future. … Continued
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September 2013 Senior Beacon
To help older Americans withstand the financial impacts of the COVID-19 pandemic, and provide more adequate retirement benefits, The Senior Citizens League supports legislation that would provide a boost in Social Security benefits for all retirees, and would tie annual cost of living adjustments to a more representative seniors' consumer price index, the Consumer Price Index for the Elderly (CPI-E). To learn more about efforts to strengthen Social Security benefits, visit . .The SSA and the AARP say, however, the Notch affects only those born during the five-year period of 1917 through 192Those born during that period were covered by a special transitional benefit formula, the purpose of which was to provide a 5-year phase-in for the new 1977 benefit formula. .This week, congressional leaders and President Donald Trump put an end to the partial federal government shutdown by approving a short-term CR that will reopen the government until Friday, February 15th. … Continued
Larson will soon be reintroducing the Social Security COVID-19 Correction and Equity Act. This bill prevents an unintended and unanticipated cut to Social Security benefits for those affected; it also expands benefits for those who need it most during COVID who have faced long term systemic economic inequalities. ."Social Security Stops Trying To Collect On Old Debts By Seizing Tax Refunds," Marc Fisher, The Washington Post, April 14, 2014. .In his opening statement, Subcommittee Chairman Sam Johnson (TX-3) said: "Although Social Security now has modern hardware and modern data centers, its employees are still using software that is decades out of date. About 30 percent of these legacy systems still use COBOL code, an ancient programming language that isn't even taught in schools anymore." He explained that maintaining the outdated system is costly, it requires extra training for employees, and it is difficult to update when needed. .Chen cited two international flights from earlier stages of the pandemic where infection rates varied depending on mask use. On the first flight, no passengers were wearing masks, and a single passenger infected 14 people as the plane traveled from London to Hanoi, Vietnam. On the second flight, from Singapore to Hangzhou in China, all passengers were wearing face masks. Although 15 passengers were Wuhan residents with either suspected or confirmed cases of COVID-19, the only man infected en route had loosened his mask mid-flight and had been sitting close to four Wuhan residents who later tested positive for the virus. .The extra time was needed because although both houses of Congress were finally able to pass the needed legislation, the bill was nearly 5,600 pages in length. It is probable that no member of Congress actually read the entire bill and likely very few Congressional staff members read it either. ."Using the chained CPI to calculate COLAs would make the problem even worse," Hyland contends. "The chained CPI is calculated much differently than the Consumer Price Index for Workers (CPI-W), the current CPI, and would have a significant effect on reducing the total amount of lifetime Social Security benefits that people receive," Hyland says. "The data certainly suggests this is the case," he adds. .First, two new cosponsors – Representative Paul Gosar (AZ-4) and Representative John Larson (CT-1) – signed on to the Audiology Patient Choice Act (H.R. 2276), bringing the total up to thirty-two. If adopted, H.R. 2276 would improve Medicare coverage for hearing services that are performed by licensed audiologists. Under current law, audiologists are not recognized as providers of health-related hearing services, and the Medicare program will only reimburse them for their services when patients are referred by physicians or nurse practitioners. .This year, I am currently gathering support for the Medicare Advantage Quality Payment Relief Act, which would require the HHS Secretary to take Medicare Advantage Quality Incentive payments out of the calculation of the Medicare Advantage benchmark cap. This will allow high performing plans to receive the quality payments that they rightfully earned and to use those payments to improve beneficiary care. .The following Members of Congress, among others, will hold town halls this weekend: Sens. Jim Risch (ID), Pat Roberts (KS), Deb Fischer (NE), Tom Coburn (OK), and Charles Grassley (IA), and Reps. Mark Amodei (NV-2), Lou Barletta (PA-11), Dan Benishek (MI-1), Kathy Castor (FL-14), Tim Huelskamp (KS-1), Bill Johnson (OH-6), Derek Kilmer (WA-6), Mark Meadows (NC-11), Markwayne Mullin (OK-2), Kristi Noem (SD), Todd Rokita (IN-4), Keith Rothfus (PA-12), Rob Woodall (GA-7), Joe Barton (TX-6), Julia Brownley (CA-26), Mike Coffman (CO-6), Jim Gerlach (PA-6), Dennis Heck (WA-10), Beto O'Rourke (TX-16), and Mark Takano (CA-41).